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AUD/JPY clings to gains around 99.00 as Trump backtracks on tariff threats
The AUD/JPY cross opens with a bullish gap at the start of a new week and recovers a part of Friday's slump of over 250 pips to the 97.80 region.
AUD/JPY
Fxstreet
Mon, Oct 13
NZD/USD gains traction to near 0.5750 as traders hope for compromise in US-China trade war
The NZD/USD pair gains ground to near 0.5740 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) as traders hope the United States (US) may temper its latest escalation of the trade war with China.
NZD/USD
Fxstreet
Mon, Oct 13
China's September dollar-denominated exports rise 8.3% y/y, imports up 7.4%
BEIJING, Oct 13 (Reuters) - China's export growth picked up pace in September, expanding 8.3% from a year earlier in dollar value terms, while imports grew 7.4%, customs data showed on Monday.Outbound shipments were expected to have risen an annual 6.0%, according to a Reuters poll of economists...
Reuters
Mon, Oct 13
INDIA RUPEE-US-China trade whiplash, choppy risk, bumpy dollar to test rupee
By Nimesh Vora MUMBAI, Oct 13 (Reuters) - The Indian rupee is likely to open flat to marginally higher on Monday, with U.S. President Donald Trump's swings between tariff threats and softer China tones spurring volatility in risk sentiment and the dollar. The 1-month non-deliverable forwa...
Reuters
Mon, Oct 13
India Morning Newsletter, October 13
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Oct 13
Australia, NZ dollars rebound as tariff risk reconsidered
SYDNEY, Oct 13 (Reuters) - The Australian and New Zealand dollars regained some ground on Monday as investors speculated the latest salvoes in the U.S.-China trade war were more show than substance, though increased volatility looked set to be a feature near-term.
Reuters
Mon, Oct 13
Iron ore dips on renewed Sino-US trade tension
BEIJING, Oct 13 (Reuters) - Iron ore futures fell on Monday on concerns over renewed Sino-U.S. trade tensions, although the remaining firm demand in top consumer China, coupled with hopes of more stimulus from Beijing to counter the hit to its economy, curbed losses. U.S. President Donald Trump unv...
Reuters
Mon, Oct 13
AUD/USD rises toward 0.6550 ahead of China’s Trade Balance data
AUD/USD advances after registering around 1.25% losses in the previous session, trading around 0.6530 during the Asian hours on Monday. The pair lost ground due to renewed trade tensions between Australia’s close trading partner, China, and the United States (US).
AUD/USD
Fxstreet
Mon, Oct 13
GBP/USD weakens below 1.3350, US-China trade tensions in focus
The GBP/USD pair trades on a softer note near 1.3345 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Pound Sterling (GBP) despite US President Donald Trump's tariff threat on China.
GBP/USD
Fxstreet
Mon, Oct 13
WEEKAHEAD-Rupee may rely on central bank support; bonds to track inflation data
By Jaspreet Kalra and Dharamraj Dhutia MUMBAI, Oct 13 (Reuters) - The Indian rupee is likely to respond this week to the fallout from renewed U.S.-China trade tensions, with support from the central bank, while government bonds will take cues from domestic inflation print and demand-supply dynami...
Reuters
Mon, Oct 13
PBOC sets USD/CNY reference rate at 7.1007 vs. 7.1048 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1007 compared to Friday's fix of 7.1048 and 7.1210 Reuters estimate.
USD/CNH
Fxstreet
Mon, Oct 13
EUR/USD treads water above 1.1600 amid US-China trade tensions, government shutdown
EUR/USD steadies after registering nearly 0.5% gains in the previous session, trading around 1.1620 during the Asian hours on Monday.
EUR/USD
Fxstreet
Mon, Oct 13
FOREX-Dollar steadies as markets focus on US-China trade tensions, politics
Trump's Truth Social message reassures tradersCrypto markets unsteady after weekend volatilityGold at fresh record highsBy Gregor Stuart Hunter SINGAPORE, Oct 13 (Reuters) - The U.S. dollar recovered from a selloff in early trade on Monday as investors hoped Washington may temper its latest e...
Reuters
Mon, Oct 13
USD/CAD struggles near 1.4000 as recovering Oil prices support Loonie amid subdued USD demand
The USD/CAD pair trades with a negative bias for the second straight day on Monday, though it lacks follow-through selling and holds above the 200-day Simple Moving Average (SMA) through the Asian session.
USD/CAD
Fxstreet
Mon, Oct 13
USD/JPY rebounds above 152.00 on political turmoil in Japan
The USD/JPY pair trades in positive territory near 152.05 during the early Asian session on Monday. The pair recovers some lost ground after facing some selling pressure in the previous session as US President Donald Trump threatened to hike tariffs against China.
USD/JPY
Fxstreet
Mon, Oct 13
Japan’s Ruling Coalition Crumbles, But the Takaichi Trade Isn’t Off the Table, Analysts Say
TradingKey - The breakup of Japan’s long-standing ruling coalition between the Liberal Democratic Party (LDP) and Komeito, after 26 years, has thrown a wrench into Sanae Takaichi’s path to becoming Japan’s next prime minister. The presumptive first female premier champions fiscal expansion and
USD/JPY
TradingKey
Sat, Oct 11
Bitcoin extends decline to $104,782 as Trump escalates US-China trade war
Oct 10 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, extended declines on Friday after U.S. President Donald Trump escalated his trade conflict with China. Trump on Friday said he was raising tariffs on Chinese exports to the U.S. to 100% and imposing export...
Reuters
Fri, Oct 10
QUOTES-Investors react to Trump's massive increase in China tariffs
NEW YORK, Oct 10 (Reuters) - U.S. President Donald Trump on Friday said he was increasing tariffs on Chinese exports to the U.S. to 100% and imposing export controls on "any and all critical software" in a reprisal to recently announced export limits by China on rare earth minera...
Reuters
Fri, Oct 10
EUR/USD rebounds above 1.1600 as trade war escalates, Macron appoints PM
The EUR/USD pair recovers some ground on Friday, climbing above 1.1600 as the Greenback plunges, driven by an escalation of the trade war between the US and China. However, gains seem capped by the political turmoil and weaker-than-expected data in the Eurozone (EZ).
EUR/USD
Fxstreet
Fri, Oct 10
Bitcoin down 5.5% at $114,505
Oct 10 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by around 5.5% at $114,505 at 1658 ET (2058 GMT) on Friday.
Reuters
Fri, Oct 10
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